Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing / Edition 1

by Rob Booker

Overview

Praise for ADVENTURES of a CURRENCY TRADER

"A truly easy, unique, and enjoyable read! Rob has done it once again to teach us in the funniest way possible how not to make the most common trading mistakes. If you are tired of reading how-to books, this is perfect for you. I highly recommend this book to all traders. Everyone will learn something about themselves by reading this book."
—Kathy Lien, author, Day Trading the Currency Market, and Chief Strategist, www.dailyfx.com

"Adventures of a Currency Trader is a must read for anyone who has ever traded or is thinking about trading in the Forex markets. Rob Booker has a unique way of taking years of market knowledge and transforming it into an educational and entertaining experience. It has quickly become a cult classic in my trading library!"
—H. Jack Bouroudjian, Principal, Brewer Investment Group

"Brilliant! Rob's humor and humanity shine through in this parable about trading and life. Filled with wisdom and wit, it's an exhilarating rollercoaster ride through the peaks and valleys of the learning curve, with many valuable lessons learned along the way."
—Ed Ponsi, President, FXEducator.com

"Rob's fable of everyman 'Harry Banes' is destined to become a trading classic. This is both the missing piece and the foundation that comes before the strategies and methodologies. The search for the Holy Grail begins and ends in the heart and mind. The journey is authentic and real and if you're willing to take it with Rob, you will be rewarded in the end. Seldom has psychology and wisdom been so entertaining!"
—Raghee Horner, trader and author of Forex Trading for Maximum Profit and  Days of Forex Trading

"In a series of insightful and entertaining vignettes, Rob Booker teaches both the novice and the experienced trader some hard won truths about the currency market. It's a must read book written by a guy who survived the trenches and went on to prosper in the biggest and most competitive financial market in the world."
—Boris Schlossberg, Senior Currency Strategist, Forex Capital Markets LLC, and author of Technical Analysis of the Currency Market

Product Details

ISBN-13:	9780470049488
Publisher:	Wiley
Publication date:	02/09/2007
Series:	Wiley Trading , #286
Pages:	240
Product dimensions:	6.25(w) x 9.35(h) x 0.90(d)

About the Author

ROB BOOKER is a foreign currency trader and a trainer of traders. His Web site, www.robbooker.com, and blog, www.piptopia.com, are two of the most popular destinations on the Web for traders, and both provide educational and inspirational materials on trading. Booker has the reputation of being one of the best trainers of traders in the foreign exchange industry. Hundreds of people he has trained now trade for a living. Booker's growing popularity is a result of both his success as a trainer and his ability to impart his knowledge in an appealing manner through stories and anecdotes.

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Table of Contents

Foreword ix

Preface xi

Acknowledgments xiii

About the Author xv

Introduction 1

Chapter 1 In Search of Amazing Profits 3

Chapter 2 The Future Looks Bright 11

Chapter 3 A Trip to the Thirty-First Floor 16

Chapter 4 Two Promising Conversations 28

Chapter 5 Lessons Learned 33

Chapter 6 A Turn for the Worse 45

Chapter 7 Trying to Awake from the Nightmare 57

Chapter 8 Charlie Flank Goes to U.S. National Bank 63

Chapter 9 Mapping Out a New Career 73

Chapter 10 Charlie Flank Meets His Match 79

Chapter 11 Coming Clean 94

Chapter 12 Looks Can Be Deceiving 104

Chapter 13 The Story of George Sisler 114

Chapter 14 Back to Square One 122

Chapter 15 Breakfast with Harvey 133

Chapter 16 Back to Where It All Began 149

Chapter 17 Testing 164

Chapter 18 Homework 175

Chapter 19 Team Banes Begins Anew 183

Chapter 20 Presenting Our Findings 189

Chapter 21 Back in the Game 194

Chapter 22 Return to the Thirty-First Floor 197

Chapter 23 Settling My Tab 200

Epilogue 203

Appendix A: The Retail Carry Trade 207

Appendix B: How I Got Six Hundred Pips 211

Index 215

Editorial Reviews

"…you will find this book riveting and occasionally amusing, but nothing less than eye-opening." (Securities & Investment review , June 2007)

From the Publisher